smallbusiness.co.uk: Helping your business think big

Businesses are prioritising employee development over hiring for the year ahead, finds research.
 
Some 82 per cent of HR professionals say they consider employee development to be a bigger priority for their organisation in 2011, compared to just 18 per cent who feel recruitment is going to be more important, according to a 144-strong survey by talent management platform Taleo.

In addition, 56 per cent of respondents report that employee development and training is perceived as an essential business enabler within their organisation, while 15 per cent say that it is still seen as ‘nice to have’ rather than essential.
 
When asked to identify what would help their organisation to develop its talent, 27 per cent feel that better visibility of skills gaps would greatly assist them in developing employee talent, while almost as many (25 per cent) would like better visibility of their employees’ existing skills.
 
Chris Phillips, vice president of international marketing at Taleo says, ‘As businesses expand globally, talent mobility requirements make the ability to develop skills from within your existing workforce an imperative in any successful business strategy.’
 

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